šØ Bitcoin: just under a week from the big drop, the harsh reality šØ
Many of us are still recovering from last Friday's epic blow šµāš«.
That wick up to 102K š reminded us that the crypto market never forgives.
But it also demonstrated something: resilience is still alive šŖš„.
Crypto is tough, unpredictable, volatile ā”...
y justo when you think you've got it figured out, it gives you another scare š
.
After that massive liquidation š£,
$BTC BTC bounced back up to 115K š,
y immediately the "crypto-bros" were already with their feet on the moon š saying:
"If the 1D candle closes green, we go all in šøšø"
But those of us who live with our feet on the ground š know that the story is not that simple.
Just under a week from that sweep, the market says nothing š¶.
It's just consolidating, with no strength or direction.
The bulls š continue to defend 110K with nails and teeth š„
because they know that if that support breaks...
š we're going partying again towards 108Kā106K š³ļøš
And watch out š, fatigue is evident:
every day the price consolidates lower,
the daily candles keep closing in red š“,
y the macro downtrend is starting to impose itself slowly š. Not to mention the MAs that are beginning to turn downwards.
For now, 110K remains a matter of life or death šā¤ļøāš„,
but the question is:
"How much longer can the bulls hold out before letting go of the rope?" šš
š„ The market is silent... too silent.
Don't chase after the price š§āāļø
Watch, wait, execute with a cool head āļø
Because when the market starts to talk again...
š¬ it won't give anything away.
#Bitcoin
#BTC #Cryp to
#analysis #CriptoRealTalk Talk #Support110K
#Volatilidad #CryptoTrading